Democratic Republic of the Congo Archives

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

23Jul

By Africa BusinessNo Comments

Business, Democratic Republic of the Congo, Events, Real Estate

Award-Winning Collaboration: Tabanlıoğlu Architects & Miller Holding Honored for Kinshasa Finance Center

Luxury Lifestyle Awards, a global recognition platform in the luxury industry, is proud to announce Tabanlıoğlu Architects (TA_) and Miller Holding as winners in the category of Best Luxury Mixed-Use Architecture for the Kinshasa Finance Center and Congress Center in the Democratic Republic of the Congo. Designed by the renowned TA_ and constructed by Miller Holding, the Kinshasa Finance Center transcends its role as an administrative hub. It embodies the DRC's burgeoning progress and bright future. The integrated Congress Center further amplifies this vision, fostering international collaboration and exchange. Founded in 1990 by Murat Tabanlıoğlu and his father, the Istanbul-based architectural firm, with its long family tradition spanning over six decades, demonstrates a professional...

8Aug

By Africa BusinessNo Comments

Democratic Republic of the Congo, Fintech

Why an African-based, African-run payments partner with global insights is essential for success on the continent

How to get it right in DRC By Christian Bwakira, MFS Africa's Group Chief Commercial Officer To understand the dynamics of Africa's payment ecosystem, it is crucial to recognise what sets the continent apart from other markets. Unlike economies such as Europe, Africa lacks a uniform infrastructure, especially in francophone countries. The continent presents unique challenges that require unique solutions. When a global enterprise enters the continent, it must understand the dynamics, regulatory frameworks, and local business practices. Failure to grasp how things work in Africa can hinder the ability to connect sellers and buyers and impede business success. Adapting to Africa's payment landscape involves considering the available payment methods, developing user-acquisition strategi...

CHIC implements Accor digital solutions across owned portfolio in DRC

22Jun

By Africa BusinessNo Comments

Africa Travel, Democratic Republic of the Congo

CHIC implements Accor digital solutions across owned portfolio in DRC

Five hotels, including Novotel Kinshasa La Gombe will integrate Accor’s innovative digital solutions including mobile solution Accor key and Opera cloud systems Compagnie Hoteliere et Immobiliere du Congo (CHIC), the leading hotel owner and developer in the Democratic Republic of Congo (DRC), at AHIF 2023 in Nairobi, Kenya, announced the implementation of Accor driven digital solutions covering five hotels of the CHIC group, opening soon under the Novotel and Ibis Stylesbrands across 4 cities, bringing 660 keys to the country. This implementation aims to offer a unique experience to customers, due to the deployment of Accor’s innovative digital solutions which will be the first in DRC to integrate cloud solutions with mobile keys and Opera Cloud systems. These solutions will faci...

21Nov

By Africa BusinessNo Comments

African News, Democratic Republic of the Congo

ANAPI and Dubai FDI sign a Memorandum of Understanding to promote the expansion of trade and investment between the DRC and the United Arab Emirates

DUBAI - On the sidelines of the participation of the Democratic Republic of Congo in the Expo 2020 Dubai, the National Investments Promotion Agency of the DRC (ANAPI), represented by its Director General, Mr. Anthony Nkinzo Kamole, and Dubai Investment Development Agency (Dubai FDI), represented by its Chief Executive Officer, His Excellency Mr. Fahad Al Gergawi, signed on October 14, 2021, in Dubai in the United Arab Emirates, a Memorandum of Understanding for collaboration between the two institutions. This agreement establishes the principles and the basis of an increased technical and commercial cooperation between ANAPI and Dubai FDI, and aims especially at the reinforcement of the economic links of business between the DRC and the United Arab Emirates, notably at the level of the pri...

4Nov

By Africa BusinessNo Comments

African News, Agriculture, Democratic Republic of the Congo, Kenya News, Uganda News

African climate innovators dominate global climate prize at COP26

Four African climate innovators were named as winners at 2021's presigious Ashden Awards held on November 4 at the global climate summit COP26 in Glasgow, UK. Three more of the continent’s low carbon pioneers were announced as runners up. The Ashden Awards honour pioneering organisations from the UK and low-income countries lowering carbon emissions and building a fairer world. World leaders and international organisations are gathering in Glasgow from November 1 to 13 to agree a global plan for tackling the climate crisis. The key note speech at the awards ceremony was given by Costa Rican President, Carlos Alvarado, who said: “We share the conviction that sustainable development goes hand in hand with economic growth, as well as a deep commitment to decarbonization and to promote nat...

26Oct

By Africa BusinessNo Comments

African News, Democratic Republic of the Congo

Invest in DR Congo Forum held at Expo 2020 Dubai

The Invest in the Democratic Republic of Congo Forum addressed major investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards DR Congo, at the Expo 2020, Dubai, UAE. The Invest in the Democratic Republic of Congo Forum was held on the 17th of October, 2021 at Suite 1 North, Dubai Exhibition Centre, Expo 2020 Dubai. The Invest in DR Congo Forum 2021 welcomed hundreds of participants and top speakers at the Expo 2020, with the agenda to promote and address the investment-friendly business environment of DR Congo. IDRC 2021 Forum brought together ministers, government officials, public and private sector organizations, investors, policy experts & advisors who discussed significant areas of growth and...

21Jul

By Giorgi MikhelidzeNo Comments

Business, Democratic Republic of the Congo, Kenya News

Africa as an important participant in the global economy

FDI, also known as foreign direct investment, has been virtually solely concentrated in Africa on the exploitation and export of natural resources for over a century. However, the momentum has changed after the turn of the 2000 and the tendency has finally changed in recent years. Global investors are more likely to visit Africa for their people's promises than for their actual property. Oil and mining now have a comparatively proportion of long-term foreign investment, with most investors focusing on telecoms, retail, and services. Over half of the FDI in the last seven years has been in the extractive industry. In the 46 jurisdictions in sub-Saharan Africa, this tendency is much stronger. Between 2005 and 2011, almost half of the regional total investment was over one year—but the revers...

11May

By Africa BusinessNo Comments

Democratic Republic of the Congo, Fintech

Mastercard partners with Billetera to offer cutting-edge digital payment solutions in Democratic Republic of Congo

Millions of unbanked and financially excluded residents in DRC to gain access to formal financial and digital services Mastercard’s technology to enable development of diverse digital payment solutions Partnership is aligned with DRC’s National Digital Plan (NDP) Mastercard has partnered with Billetera - a digital payments technology company headquartered in Kenya - to provide millions of unbanked and financially excluded residents in the Democratic Republic of Congo (DRC), access to formal financial and digital services through a diverse range of digital payment solutions. The partnership aims to support the vision of the DRC Government, which under the leadership of President Felix Tshisekedi has an ambitious digitization program aligned with the country’s National Digital Pla...

14Mar

By Africa BusinessNo Comments

Democratic Republic of the Congo, Events, Fintech, Startups, Tech

The Democratic Republic of Congo to Host its First Smart City Conference

The Democratic Republic of Congo (DRC) will be hosting the country’s first Smart City conference which will be taking place virtually from 16 to 18 April 2021. Driving this is Congo Bulaya, a subsidiary initiative of the Centre d’Innovation de Lubumbashi (CINOLU), which aims to actively participate in the creation of more competitive and vibrant cities in the DRC. Themes to be explored include The Role of Public Policies, Youth and Civic Participation in Sustainable and Inclusive Human Settlements; Industrialisation for the City of the Future; Governance and Education for All; Urban Resilience; The Role of Research in the Development of Resilient Cities; and Gender Issues, Balance and Inclusiveness under SDG 11. These will be unpacked during roundtable discussions, workshops and focus grou...

14Jan

By Africa BusinessNo Comments

Democratic Republic of the Congo, Events

DRC Mining Week June 2021: Returning in safety and in numbers

2021 is set to be a solid year for DRC’s mining sector. The mining community is prepared to meet in Lubumbashi between June 15-17 for the annual DRC Mining Week expo and conference, according to Emmanuelle Nicholls, the Group Director, Mining and Natural Resources at Clarion Events Africa. She also said that DRC’s mining sector did well within this ongoing pandemic caused by COVID-19. Demanded elements like copper, cobalt and gold are extracted well and will be part of the discussion. DRC supplies 70% of the world's cobalt resource which is crucial in making lithium-ion batteries and in the manufacture of magnetic, wear-resistant and high-strength alloys. Responsible mining is growing in relevance as more mining companies take steps to reach out to the local communities in regions they ope...